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Central Bank of the Republic of China

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Organizations

The Central Bank is the sole monetary policy-making and policy-executing entity in the Republic of China. Its organization structure is shown in the chart below. The decision-making body is composed of three parts, namely, the Board of Directors, the Board of Supervisors, and the Governor and Deputy Governors.

Organization and Management of the Central Bank of the Republic of China

  • Board of Directors
  • Chairman Chin-Long Yang
  • Executive Directors
    Tsui-Yun Chuang
    Mei-Hua Wang
    Tzung-Ta Yen
    Mei-Lie Chu

    Chung-Dar Lei
  • Directors
    Chi-Chung Chen
    Ming-Jou Yang
    Fu-Sheng Hung
    Yi-Ting Li
    Jin-Lung Lin
    Shi-Kuan Chen
    Chao-Hsi Huang
    Chien-Yi Chang
    Shiu-Sheng Chen
  • Board of Supervisors
  • Chairman Tzer-Ming Chu
  • Supervisors 
    Chin-Fan Chung
    Sheng-Yao Lin
    Tien-Wang Tsaur
    Kuei-Hui Cheng

     
  • Department of Banking 
     Alan R.Y. Pan (Director General)
  • Department of Issuing
    Yen-Dar Den (Director General)
  • Department of Foreign Exchange
    Chiung-Min Tsai (Director General)
  • Department of the Treasury 
    Pei-Jen Heh (Director General)
  • Department of Financial Inspection
    Dou-Ming Su (Director General)
  • Department of Economic Research
    Yih-Jiuan Wu (Director General)
  • Secretariat
    Chien-Ching Liang (Director General)
  • Department of Accounting
    Shu-Hui Kuo (Director General)
  • Department of Information Management
    Rey-Shyun Lee (Director General)
  • Personnel Office
    Shu-Hui Chang (Director)
  • Ethics Office
    Yao-Chung Liu (Director)
  • Legal Affairs Office
    Kun-Shan Wu (Director)
  • New York Representative Office  
    Wei-Sheng Chiu (Representative)
  • London Representative Office  
    Wei-Chuan Chang (Representative)
  • *Central Engraving & Printing Plant
      Chia-Sheng Yu (President)
  • *Central Mint
      Sheng-Shang Chou (Director)
Note:*Affiliate of the Bank.

As of Feb 8, 2018

The Board of Directors
The board of Directors is the highest decision making body of the Bank. It consists of eleven to fifteen directors nominated by the Executive Yuan (Cabinet) and appointed by the President. Five to seven directors of the Board are designated as executive directors. According to the Central Bank of China Act, the Governor of the Central Bank, the Minister of Finance and the Minister of Economic Affairs are ex officio directors and executive directors. Directors, except for ex officio directors, are appointed for five-year terms and can be reappointed upon the expiration of their terms. The Board meets four times a year. Currently, the Board consists of fifteen members, of whom six are concurrently executive directors.

The Board of Supervisors
The Board of supervisors is authorized to examine the Bank's assets and liabilities and to audit its accounts. It consists of five to seven supervisors, and all of them are nominated by the Executive Yuan and appointed by the President. There are five supervisors at present. The Director General of the Directorate-General of Budget, Accounting and Statistics of the Executive Yuan is an ex officio supervisor. Except of ex officio one, Supervisors are appointed for three-year terms and may be reappointed upon the expiration of their terms.

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